CCRC’s entrance fee policy confuses resident, leads to lawsuit
By
Kathleen Steele Gaivin
Feb 08, 2023
A Tennessee continuing care retirement community is attracting some unwanted attention over an entrance fee policy that is not unheard of in the industry. The case highlights the importance of using clear...
Seniors housing municipal bonds under distress due to COVID-19 costs
By
Amy Novotney
May 29, 2020
The coronavirus is pushing more continuing care retirement communities into financial upheaval and putting pressure on the municipal bonds that financed them, according to an article Wednesday in Bloomberg...
CCRC occupancy drops to record low of 84.3 percent in the first quarter: NIC/Ziegler analysis
By
Amy Novotney
Apr 26, 2021
Continuing care retirement community occupancy fell 1.4% from the fourth quarter to 84.3%, according to an analysis by specialty investment bank Ziegler, using NIC MAP data. The drop signals another new...
4 trends becoming more common in life plan communities: Ziegler
By
Kathleen Steele Gaivin
Jun 01, 2022
Adaptability and innovation have been “foundational” to the success over time of continuing care retirement communities, also known since 2015 as life plan communities, and will be key to future success...
Mease Life affiliates with Acts Retirement–Life Communities
By
Kathleen Steele Gaivin
Oct 04, 2023
Continuing care retirement community Mease Life of Dunedin, FL, and Fort Washington, PA-based Acts Retirement-Life Communities have finalized their affiliation after signing a letter of intent in April...
Vi Living nears completion of $300 million redevelopment in Naples, FL
By
Kathleen Steele Gaivin
May 16, 2024
Vi Living on Monday opened the first building in the sixth and final phase of a $300 million redevelopment project at Bentley Village in Naples, FL. The cost for this phase was $92 million.
Western North Carolina sees first newly built CCRC in 20 years
By
Kathleen Steele Gaivin
Aug 16, 2022
Legacy at Mills River, projected to open in late 2024, will be the first new continuing care retirement community to be built in western North Carolina in more than 20 years.